)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Alpha Financial Markets Consulting
Alpha Financial Markets Consulting (AFM) investor relations material
Alpha Financial Markets Consulting has been acquired
Alpha Financial Markets Consulting H2 23/24 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 23/24 earnings summary20 Jun, 2024
Executive summary
Delivered resilient performance in a more competitive global consulting market, achieving net fee income growth across all regions on a constant currency basis.
Maintained consistent consultant day rates and a strong pipeline, though average utilisation was lower, recovering to near target by year-end.
Selective hiring in key growth areas, with 15 experienced directors added, and successful launch of insurance consulting in North America.
Completed bolt-on acquisition of Shoreline, consolidating APAC presence and adding 36 new client relationships.
Announced a recommended cash offer from Bridgepoint for 505 pence per share to acquire Alpha.
Financial highlights
Net fee income grew 2.8% to £233.6m (FY 23: £227.2m), mainly organically and 4.8% in constant currency.
Gross profit declined 2.6% to £78.3m (FY 23: £80.4m), reflecting lower consultant utilisation and selective investment.
Adjusted EBITDA decreased 9.5% to £42.2m (FY 23: £46.6m), with margin at 18.0% (FY 23: 20.5%).
Adjusted EPS fell 14.9% to 24.90p (FY 23: 29.27p); total dividend per share was 3.70p (FY 23: 14.20p).
Net cash at year-end was £29.4m, with a fully undrawn £50.0m revolving credit facility.
Outlook and guidance
Near-term market uncertainty persists as consulting supply and demand rebalance, but consultant utilisation and sales wins improved in Q4 and into early FY 25.
Long-term growth drivers remain robust, with ambitions to double the business by 2028.
Strong balance sheet and ongoing acquisition opportunities support future growth.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Alpha Financial Markets Consulting
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Alpha Financial Markets Consulting PLC is a global consulting firm specializing in the financial services industry. The company offers a wide range of specialist consultancy services designed to support asset and wealth management, insurance, and retail investment sectors. The company's services are tailored to help clients navigate the complexities of the financial services sector, including challenges related to cost pressures, regulatory demands, and technological advancements. The company is headquartered in the UK, and its shares are listed on the AIM of the London Stock Exchange.